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Most Money From The Sale of Your La Plata MD Home

 

How to Get the Most Money from the Sale of Your La Plata Md Home

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensure that you get the highest price possible.

Your Home is Priced to Low

This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).

Its a Pyramid with Text about the current housing market

Inforgraphic Provided by KCM CREW

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price, but will instead have multiple buyers fighting with each other over the house.

Realtor.com gives this advice:

Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.

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Hire the Right Real Estate Professional in La Plata MD

This, too, may seem counterintuitive. The seller may think they would make more money if they didn’t have to pay a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by a real estate professional.

A new study by Collateral Analytics, reveals that FSBOs don’t actually save any money, and in some cases may be costing themselves more, by not listing with an agent.

In the study, they analyzed home sales in a variety of markets in 2016 and the first half of 2017. The data showed that:

FSBOs tend to sell for lower prices than comparable home sales, and in many cases below the average differential represented by the prevailing commission rate.

The results of the study showed that the differential in selling prices for FSBOs when compared to MLS sales of similar properties is about 5.5%. Sales in 2017 suggest the average price was near 6% lower for FSBO sales of similar properties.

The Bottom Line

Price your house at or slightly below the current market value and hire a professional. This will guarantee that you maximize the price you get for your house.

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Carlos Gautier Realtor
10665 Stanhaven Pl Suite 300
White Plains,
MD
20695
www.carlos4homes.com
Mon-Sat 8am - 6pm
La Plata Maryland Homes For Sale

 
198 Results Price (high to low)
22
$2,490,000 For Sale
5075 Crain Highway
La Plata, MD 20646
2 beds, 1 full, 1 partial baths | Single Family Home
950 sq ft; lot: 16.87 acres
30
$699,900 Under Contract
6586 Ellenwood Drive
La Plata, MD 20646
6 beds, 6 baths | Single Family Home
6,655 sq ft; lot: 8.75 acres
30
$690,000 For Sale
6080 Simms Drive
La Plata, MD 20646
6 beds, 4 baths | Single Family Home
lot: 2.01 acres
30
$674,900 For Sale
208 Morgans Ridge Court
La Plata, MD 20646
5 beds, 3 full, 2 partial baths | Single Family Home
5,838 sq ft; lot: 4.18 acres
30
$650,000 For Sale
4920 Cloverdale Court
La Plata, MD 20646
5 beds, 3 full, 1 partial baths | Single Family Home
5,050 sq ft; lot: 2.35 acres
30
$630,000 For Sale
11670 Gilbert Lane
La Plata, MD 20646
6 beds, 3 full, 1 partial baths | Single Family Home
5,268 sq ft; lot: 3.01 acres
30
$619,400 For Sale
11655 Gilbert Lane
La Plata, MD 20646
5 beds, 4 full, 1 partial baths | Single Family Home
6,920 sq ft; lot: 3 acres
29
$599,900 For Sale
6150 Kerrick Drive
La Plata, MD 20646
4 beds, 2 full, 1 partial baths | Single Family Home
lot: 1.65 acres
30
$599,900 Under Contract
8785 Hill Spring Drive
La Plata, MD 20646
5 beds, 4 baths | Single Family Home
4,052 sq ft; lot: 1.24 acres
30
$599,900 For Sale
1421 Leicester Drive
La Plata, MD 20646
7 beds, 6 full, 1 partial baths | Single Family Home
7,382 sq ft; lot: 0.79 acres
3
$587,950 For Sale
9335 Stonestreet Road
La Plata, MD 20646
5 beds, 4 baths | Single Family Home
lot: 3.75 acres
25
$584,900 For Sale
68 Steeplechase Drive
La Plata, MD 20646
3 beds, 3 baths | Single Family Home
7,286 sq ft; lot: 4356 sq ft
30
$575,000 Under Contract
11506 Summerton Court
La Plata, MD 20646
4 beds, 4 full, 1 partial baths | Single Family Home
4,825 sq ft; lot: 3.6 acres
30
$565,000 For Sale
11466 Stoneboro Court
La Plata, MD 20646
4 beds, 4 full, 1 partial baths | Single Family Home
5,839 sq ft; lot: 3 acres
30
$549,900 New For Sale
8830 Darley Drive
La Plata, MD 20646
7 beds, 4 full, 1 partial baths | Single Family Home
6,620 sq ft; lot: 3.05 acres
26
$544,900 For Sale
6732 Gold Rush Court
La Plata, MD 20646
5 beds, 4 baths | Single Family Home
lot: 1.31 acres
26
$536,000 Under Contract
1005 Maiden Grass Drive
La Plata, MD 20646
4 beds, 3 full, 1 partial baths | Single Family Home
lot: 14375 sq ft
29
$524,900 New Active Under Contract
8350 Ardene Lane
La Plata, MD 20646
4 beds, 2 full, 1 partial baths | Single Family Home
lot: 6.04 acres
19
$523,000 For Sale
9356 Stonestreet Road
La Plata, MD 20646
4 beds, 2 full, 1 partial baths | Single Family Home
lot: 3 acres
16
$519,950 Active Under Contract
11533 Highland Farm Court
La Plata, MD 20646
5 beds, 4 full, 1 partial baths | Single Family Home
5,509 sq ft; lot: 1.22 acres

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Carlos Gautier
White Plains, MD 20695
301-399-3519
carlosagautier@yahoo.com

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